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Austria: Public Debt Increased to 74.0 Percent of GDP

Politics ♦ Published: September 30, 2013; 10:19 ♦ (Vindobona)

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Public finances 2012: public deficit at 2.5 percent, public debt at 74.0 percent of GDP.

Austria: Public Debt Increased to 74.0 Percent of GDP / Picture: © Vindobona.org

In 2012, public finances in Austria showed a Maastricht deficit of 2.5 percent of GDP (€ 7.8 bn). Maastricht debt increased to 74.0 percent of GDP (€ 227.2 bn) in 2012, according to Statistics Austria. In 2011, the Maastricht deficit stood at 2.5 percent (€ 7.3 bn) and Maastricht debt at 72.8 percent (€ 217.8 bn). Total government revenue increased by 4.4 percent (€ 6.3 bn)…